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ClassPass, a company that has raised more than $54 million stanley flask in the past three years, is a subscription service that gives users unlimited monthly access to various fitness and health classes at gyms and boutique studios. The model, which buys discounted/wholesale inventory from gyms and boutiques and then sells a re-bundled subscription to that inventory, has proven wildly successful.As of February, ClassPass was tracking to a $60 million revenue run rate for 2015.But ClassPass wasn ;t the only one benefitting from the subscription model. FitMob, which originall stanley shop y launched as a marketplace where trainers could sell outdoor classes to the FitMob community, caught wind of Classpass growing popularity and pivoted to the subscription, studio-based model, as well.The acquisitio stanley cup n comes as a bit of a surprise given how young both companies and the tech fitness space are, but the consolidation should pave the way for ClassPass to plow its way into new markets.ClassPass surged well |
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